The volatility ratio for the week is 15.34%, and the volatility levels for the past 30 days are at 14.16% for NAMI. The simple moving average for the last 20 days is -20.07% for NAMI stock, with a simple moving average of -21.58% for the last 200 days.
Is It Worth Investing in Jinxin Technology Holding Co ADR (NASDAQ: NAMI) Right Now?
The average trading volume of NAMI on January 22, 2025 was 227.26K shares.
NAMI) stock’s latest price update
The stock of Jinxin Technology Holding Co ADR (NASDAQ: NAMI) has decreased by -12.14 when compared to last closing price of 3.79. Despite this, the company has experienced a -20.53% fall in its stock price over the last five trading sessions. businesswire.com reported 2024-12-10 that LOS ANGELES–(BUSINESS WIRE)–WestPark Capital today announced the closing of a $5 Million Initial Public Offering for Jinxin Technology Holding Company (the “Company”) (Nasdaq: NAMI), an innovative digital content service provider in China. The offering consisted of 1,250,000 American Depositary Shares (“ADSs”) at a price to the public of $4.00 per ADS. Each ADS represents eighteen (18) ordinary shares of the Company. The ADSs commenced trading on December 06, 2024 under the ticker symbol “NAM.
NAMI Trading at -21.58% from the 50-Day Moving Average
After a stumble in the market that brought NAMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.03% of loss for the given period.
Volatility was left at 14.16%, however, over the last 30 days, the volatility rate increased by 15.34%, as shares sank -37.29% for the moving average over the last 20 days.
During the last 5 trading sessions, NAMI fell by -20.53%, in comparison to the 20-day moving average, which settled at $4.17. In addition, Jinxin Technology Holding Co ADR saw -18.38% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NAMI
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.69.
Conclusion
In a nutshell, Jinxin Technology Holding Co ADR (NAMI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
